Aeris Resources Limited · ASX:AIS
Aeris Resources — Q4 2021 Earnings Presentation
22 slides from Aeris Resources's earnings presentation, Jul 29, 2021
Slide 1: June Quarter Activities Report Presentation
June Quarter Activities Report Presentation 30 July 2021 Presented by Andre Labuschagne
Slide 2: Important notice and disclaimer
Aeris – Q4 FY2021 results presentation Important notice and disclaimer This presentation may contain certain statements and projections provided by or on behalf of Aeris Resources Limited (Aeris) with respect to the anticipated future undertakings. These forward- looking statements reflect various a
Slide 3: Highlights of the past 12 months
Aeris – Q4 FY2021 results presentation Highlights of the past 12 months Cracow Tritton Corporate Acquisition and integration completed Achieved guidance 22,987t Cu @ AISC of Closing cash and receivables $105.9m Achieved guidance 73,685zo @ AISC of A$3.70/lb PAG repaid in July, debt free af
Slide 4: ESG
‘ay =: : ESG gy : 2. We are Aeris Aeris Resources
Slide 5: ESG
Aeris – Q4 FY2021 results presentation ESG Safety • 30% improvement in LTIFR in 12 months • 1 LTI recorded at Cracow: ― Lacerated hand whilst undoing a bolt • 1 LTI recorded at Tritton: ― Drilling offsider finger injury handling rods Environment • No environmental incidents • Planted 600 trees and s
Slide 6: ESG First sustainability report due Dec qtr
Aeris – Q4 FY2021 results presentation ESG First sustainability report due Dec qtr 6
Slide 7: Highlights
Aeris – Q4 FY2021 results presentation Highlights TRITTON UNIT SEP 2020 DEC 2020 MAR 2021 JUN 2021 FY2021 Tritton: PRODUCTION SUMMARY QTR QTR QTR QTR YTD 382,054 393,511 1,557,803 • Improvement in grade and tonnes mined ORE MILLED MILLED GRADE TONNES Cu (%) 411,341 1.56% 370,897 1.66% 1.47% 1.55% 1.
Slide 8: Tritton Copper Operations – Constellation Deposit
Aeris – Q4 FY2021 results presentation Tritton Copper Operations – Constellation Deposit • Spectacular results • 45km North-East from Tritton – within trucking distance of Tritton mill • 24 diamond holes drilled to date – majority intersecting copper sulphide mineralisation • High grade results repo
Slide 9: Constellation Deposit – RC drilling
Aeris – Q4 FY2021 results presentation Tritton Copper Operations Constellation Deposit – RC drilling • Assays received from 52 Reverse Circulation (RC) holes • Significant high grade copper intersections including from last 30 drill holes:(3) • TAKRC024 - 38m @ 3.72% Cu, 0.36g/t Au, 3.1g/t Ag (from
Slide 10: Tritton Copper Operations – Budgerygar Deposit
Aeris – Q4 FY2021 results presentation Tritton Copper Operations – Budgerygar Deposit • 2 underground rigs drilling, 45 holes completed • Drilling to Indicated Mineral Resource • Current Inferred Mineral Resource 2.3mt@1.5%Cu(4) • Significant results(5): • BDEL006 – 2.15m @ 4.16% Cu (2.15m true thic
Slide 11: Tritton Copper Operations – Murrawombie Deposit
Aeris – Q4 FY2021 results presentation Tritton Copper Operations – Murrawombie Deposit • Underground diamond drill program underway • Increased down plunge and strike length • Some assays still pending, significant results(6): • MWGC603 – 31.5m @ 3.58% Cu (11.5m true thickness) • MWGC584 – 5.15m @ 2
Slide 12: An unrivalled project pipeline
Aeris – Q4 FY2021 results presentation Tritton Copper Operations An unrivalled project pipeline Project Producing Development Ready Exploring Constellation Avoca Tank Tritton Murrawombie Murrawombie Budgerygar Budgerygar Kurrajong Tritton Avoca Tank Processing Facility South Wing Murrawombie Open Pi
Slide 13: Operations
Operations | We are Aeris
Slide 14: Cracow Gold Operations – Accelerating Exploration
Aeris – Q4 FY2021 results presentation Cracow Gold Operations Accelerating Exploration Near Mine New Space Resource updates Push mill to 650kt Prioritising targets Roses Pride +260%(7) Focus on increasing UG mine life Drilling approved for Ballymore Klondyke Royal +324%(8) Review old a
Slide 15: Exploration of brownfield target areas
Aeris – Q4 FY2021 results presentation Cracow Gold Operations Exploration of brownfield target areas SOVEREIGN Drill target – tested / testing Drill target – not tested. First pass testing BALLYMORE TIP scheduled FY22 CROWN DEEPS • Two rigs increasing to three rigs • Increased FY22 budget to A$9M •
Slide 16: Cracow Gold Operations – Underground resource drilling
Aeris – Q4 FY2021 results presentation Cracow Gold Operations – Underground resource drilling • Focused on extensions at Crown, Tipperary, Royal and Sterling deposits. • Crown Deposit Intersected mineralised structure 200m strike length and up to 80m down plunge below current workings(9): ― CRU159 –
Slide 17: Corporate
Aeris Resources Corporate 17
Slide 18: Corporate – Debt free after more than 9 years
Aeris – Q4 FY2021 results presentation Corporate – Debt free after more than 9 years MAR JUNE SEP DEC MAR JUN 2021 2021 2022 2022 (A$ Million) 2021 2021 Unit QTR QTR QTR QTR Existing Hedges QTR QTR Copper Hedge TONNES 833 - - - Hedge price A$/t 9,228.00 - - - Useable Cash 47.1 97.4 Copper Premium Op
Slide 19: M&A remains a focus
Aeris – Q4 FY2021 results presentation M&A remains a focus Aeris Resources M&A strategy Commodities Gold and Copper ● Pursue strategic M&A Location Australia opportunities that add value, Offshore – Risk reward complement existing portfolio and transform Aeris into a mid- Project stage Produ
Slide 20: Summary
Aeris Resources Summary 20
Slide 21: Summary
Aeris – Q4 FY2021 results presentation Summary FY21 FY22 Transformational year Tritton guidance 21-22kt Cu @ AISC between $3.95/lb and 4.30/lb Operations deliver against expectation Transformation from survival to growth Significant exploration success Accelerating exploration $15m $50
Slide 22: Thank you
Aeris Resources Thank you 22